This notification, issued by the Reserve Bank of India (RBI) on January 27, 2014, concerns amendments to the Second Schedule of the Reserve Bank of India Act, 1934. Notification No. RPCD.CO.RRB.BC.No.76/03.05.1002013-14 directs the inclusion of Marudhara Gramin Bank, Jodhpur, Rajasthan, into the Second Schedule of the said Act, as per clause (a) of sub-section 6 of Section 42. Concurrently, Notification No. RPCD.CO.RRB.BC.No.77/03.05.1002013-14 directs the exclusion of Marwar Ganganagar Bikaner Gramin Bank, Pali, Rajasthan and Jaipur Thar Gramin Bank, Jaipur, Rajasthan from the Second Schedule, as per clause (b) of sub-section 6 of Section 42. Dr. Smt. Deepali Pant Joshi, Executive Director, authorized the issuance of these notifications. The notifications were published in the Gazette of India, Extraordinary, Part III, Section 4, No. 162, dated May 24, 2014.
Key Entities Referenced
Reserve Bank of India: The central bank of India, responsible for monetary policy and regulation of the banking system.
Reserve Bank of India Act, 1934: A legislative act that governs the Reserve Bank of India.
Mumbai: City in Maharashtra, location of the notification issuance by the Reserve Bank of India.
Marwar Ganganagar Bikaner Gramin Bank, Pali, Rajasthan: A Regional Rural Bank that is being excluded from the Second Schedule of the Reserve Bank of India Act, 1934.
Marudhara Gramin Bank, Jodhpur, Rajasthan: A Regional Rural Bank that is being included in the Second Schedule of the Reserve Bank of India Act, 1934.
Jaipur Thar Gramin Bank, Jaipur, Rajasthan: A Regional Rural Bank that is being included in the Second Schedule of the Reserve Bank of India Act, 1934.
Section 42 of the Reserve Bank of India Act, 1934: A section of the Reserve Bank of India Act, 1934, relevant to the inclusion and exclusion of Regional Rural Banks.
DEEPALI PANT JOSHI: Executive Director at Reserve Bank of India
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RESERVE BANK OF INDIA NOTIFICATION
NOTIFICATION Mumbai, the 27th January, 2014
No. RPCD.CO.RRB.BC.No.77/03.05.100/2013-
Mumbai, the 27th January, 2014
14.— In pursuance of clause (b) of sub section (6) of
No. RPCD.CO.RRB.BC.No.76/03.05.100/ Section 42 of the Reserve Bank of India Act, 1934 (2 of
2013-14.— In pursuance of clause (a) of sub-section (6) 1934), the Reserve Bank of India directs the exclusion from
of Section 42 of the Reserve Bank of India Act, 1934 (2 of the Second Schedule to the said Act of the following
1934), the Reserve Bank of India directs the inclusion in Regional Rural Banks, namely:
the Second Schedule to the said Act of the following
1. Marwar Ganganagar Bikaner Gramin Bank, Pali,
Regional Rural Bank, namely:
Rajasthan
1. Marudhara Gramin Bank, Jodhpur, Rajasthan 2. Jaipur Thar Gramin Bank, Jaipur, Rajasthan
Dr. (Smt.) DEEPALI PANT JOSHI, Executive Director Dr. (Smt.) DEEPALI PANT JOSHI, Executive Director
[ADVT. III/4/Exty./38/14] [ADVT. III/4/Exty./38/14]
2166 GI/2014
Printed by the Manager, Government of India Press, Ring Road, Mayapuri, New Delhi-110064
and Published by the Controller of Publications, Delhi-110054.